10 Most Powerful ERP Vendors Today
CIO, Thursday, May 23rd, 2024
The Big 3 continue to differentiate themselves with broad ERP offerings, but the race to capitalize on AI enhancements and cater to industry-specific needs is having broad market impact.
Back-office ERP systems are gaining strategic importance as organizations seek to digitize and automate business processes, modernize their application stack, migrate to the cloud, and accelerate the speed of business.
In its latest MarketScape on worldwide SaaS and cloud-enabled large enterprise ERP, IDC says, 'The pace of innovation is increasing, and ERP vendors focused on AI, ML, natural language processing (NLP), chatbots, robotics process automation (RPA), and genAI are critical partners to consider for the digital future. This innovation will reset the use of ERP systems for years to come. By 2028, 85% of enterprises using intelligent applications will have evolved to run as autonomous organizations, redefining the technology resource usage within the business.'